CVR: 74218814
Secondary names: AXEL ÅKERMAN ApS, AXAGROUNDPOWER ApS, AXA Power ApS
ITW GSE ApS is a Danish company of the type Anpartsselskab based in Odense N, founded in 1984. The company is registered under the industry Fremstilling af elektriske motorer, generatorer og transformatorer. The management consists of Poul Laursen Elvstrøm. The company is owned by ITW DENMARK ApS. The company has 75 employees. In 2025, the company reported revenue of DKK 751,981,516 and a net result of DKK 146,761,481 compared with DKK 133,532,561 the year before. Equity amounted to DKK 268,835,425.
ITW GSE ApS exhibits a strong financial trajectory, with revenue increasing from 374.5 million DKK in 2021 to 751.98 million DKK in 2025, reflecting a robust growth trend. Profitability has also improved significantly, rising from 52.97 million DKK in 2021 to 146.76 million DKK in 2025, indicating healthy margins. Despite a slight decline in equity from 272.07 million DKK in 2024 to 268.84 million DKK in 2025, the overall equity position remains solid, supporting the company's stability in the electric motor and generator manufacturing industry. The consistent growth in both revenue and profit positions ITW GSE ApS favorably within its sector, showcasing its competitive strength.
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Claim this profileSelskabets formål er produktion og handel inden for den elektroniske branche samt hermed beslægtet virksomhed
| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2025 | 752 mio. | 146.8 mio. | 354.1 mio. | 268.8 mio. | 100 | |
| 2024 | 678.3 mio. | 133.5 mio. | 376.1 mio. | 272.1 mio. | 77 | |
| 2023 | 506 mio. | 61.4 mio. | 250.9 mio. | 193.5 mio. | 77 | |
| 2022 | 411 mio. | 40.4 mio. | 192.5 mio. | 152.1 mio. | 71 | |
| 2021 | 374.5 mio. | 53 mio. | 201.6 mio. | 156.8 mio. | 66 | |
| 2020 | 304.6 mio. | 32.3 mio. | 171.9 mio. | 138.8 mio. | 75 | |
| 2019 | 480.7 mio. | 69.8 mio. | 188.5 mio. | 151.5 mio. | 83 | |
| 2018 | 434.1 mio. | 58.8 mio. | 205.8 mio. | 171.6 mio. | 88 | |
| 2017 | 414.7 mio. | 58.6 mio. | 225.9 mio. | 162.8 mio. | - | |
| 2016 | 368.8 mio. | 46.3 mio. | 354.1 mio. | 314.2 mio. | - | |
| 2015 | - | 30.3 mio. | 355.6 mio. | 267.9 mio. | - | |
| 2014 | - | 54.5 mio. | 271.3 mio. | 237.6 mio. | 81 | |
| 2013 | - | 52.9 mio. | 217.8 mio. | 183.2 mio. | 70 |
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Comparison is based on industry median values
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ITW GSE ApS has published its annual report for 2025. Revenue came to DKK 751,981,516, and the net result was DKK 146,761,481.
ITW GSE ApS has published its annual report for 2024. Revenue came to DKK 678,343,665, and the net result was DKK 133,532,561.
ITW GSE ApS has published its annual report for 2023. Revenue came to DKK 506,018,297, and the net result was DKK 61,399,553.
ITW GSE ApS has published its annual report for 2022. Revenue came to DKK 410,974,723, and the net result was DKK 40,383,870.
As of March 8, 2023, Poul Laursen Elvstrøm has joined the board of directors of ITW GSE ApS.
As of March 8, 2023, Manoela Pereira Fry has joined the board of directors of ITW GSE ApS.
As of March 8, 2023, Monique Martins has joined the board of directors of ITW GSE ApS.
As of March 8, 2023, Henrik Olsson has left the board of directors of ITW GSE ApS.
As of March 8, 2023, Birgit Andersen has left the board of directors of ITW GSE ApS.
As of March 8, 2023, Poul Laursen Elvstrøm is registered as adm. dir. of ITW GSE ApS.
As of March 8, 2023, Henrik Olsson has stepped down as adm. dir. of ITW GSE ApS.
As of March 7, 2023, Manoela Pereira Fry has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2021. Revenue came to DKK 374,517,535, and the net result was DKK 52,965,214.
ITW GSE ApS has published its annual report for 2020. Revenue came to DKK 304,598,479, and the net result was DKK 32,329,560.
ITW GSE ApS has published its annual report for 2019. Revenue came to DKK 480,656,802, and the net result was DKK 69,823,126.
As of August 2, 2019, Manoela Pereira Fry has joined the board of directors of ITW GSE ApS.
As of August 2, 2019, Mary Ann Spiegel has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2018. Revenue came to DKK 434,138,686, and the net result was DKK 58,794,058.
As of March 13, 2019, Lars Storm has joined the board of directors of ITW GSE ApS.
As of March 13, 2019, Rene Eskelund Hansen has joined the board of directors of ITW GSE ApS.
As of March 13, 2019, Jan Berg Nielsen has left the board of directors of ITW GSE ApS.
As of March 13, 2019, Bent Hess has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2017. Revenue came to DKK 414,688,793, and the net result was DKK 58,633,810.
As of March 15, 2018, Henrik Olsson has joined the board of directors of ITW GSE ApS.
As of March 15, 2018, Birgit Andersen has joined the board of directors of ITW GSE ApS.
As of March 14, 2018, Henrik Olsson has left the board of directors of ITW GSE ApS.
As of March 14, 2018, Birgit Andersen has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2016. Revenue came to DKK 368,760,923, and the net result was DKK 46,312,726.
ITW GSE ApS has published its annual report for 2015. Gross profit came to DKK 91,612,195, and the net result was DKK 30,271,679.
As of May 3, 2016, Birgit Andersen has joined the board of directors of ITW GSE ApS.
As of May 3, 2016, Vagn Thorup has left the board of directors of ITW GSE ApS.
As of November 4, 2015, Jan Berg Nielsen has joined the board of directors of ITW GSE ApS.
As of November 4, 2015, Rasmus Bøgh Jørgensen has joined the board of directors of ITW GSE ApS.
As of November 4, 2015, Jan Westphal Vigsø Sørensen has left the board of directors of ITW GSE ApS.
As of November 4, 2015, Lars Storm has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2014. Gross profit came to DKK 113,776,231, and the net result was DKK 54,450,997.
As of April 28, 2015, Bent Hess has joined the board of directors of ITW GSE ApS.
As of April 28, 2015, Bo Vork Nielsen has joined the board of directors of ITW GSE ApS.
As of April 27, 2015, Bent Hess has left the board of directors of ITW GSE ApS.
As of April 27, 2015, Bo Vork Nielsen has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2013. Gross profit came to DKK 111,388,022, and the net result was DKK 52,900,631.
As of September 3, 2013, Henrik Olsson has joined the board of directors of ITW GSE ApS.
As of September 3, 2013, Mary Ann Spiegel has joined the board of directors of ITW GSE ApS.
As of September 3, 2013, William Joseph Sullivan has left the board of directors of ITW GSE ApS.
ITW GSE ApS has published its annual report for 2012.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of ITW GSE ApS.
As of October 13, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of ITW GSE ApS.
As of June 18, 2007, Jan Westphal Vigsø Sørensen has joined the board of directors of ITW GSE ApS.
As of June 18, 2007, Bo Vork Nielsen has joined the board of directors of ITW GSE ApS.
As of June 18, 2007, Kjell Giverholt Åkerman has left the board of directors of ITW GSE ApS.
As of June 18, 2007, Bent Poulsen has left the board of directors of ITW GSE ApS.
As of June 18, 2007, Søren Clausen has left the board of directors of ITW GSE ApS.
As of June 18, 2007, Jørgen Andersen has left the board of directors of ITW GSE ApS.
As of January 31, 2006, Daniel Lee Downey has left the board of directors of ITW GSE ApS.
As of November 23, 2005, ITW DENMARK ApS is registered as an owner of ITW GSE ApS with an ownership share of 100%.
As of March 16, 2005, William Joseph Sullivan has joined the board of directors of ITW GSE ApS.
As of March 16, 2005, Ernest Scott Santi has left the board of directors of ITW GSE ApS.
As of April 12, 2003, Bent Poulsen has joined the board of directors of ITW GSE ApS.
As of April 12, 2003, Søren Clausen has joined the board of directors of ITW GSE ApS.
As of April 12, 2003, Bent Hess has joined the board of directors of ITW GSE ApS.
As of April 12, 2003, Jan Berg Nielsen has left the board of directors of ITW GSE ApS.
As of April 12, 2003, Hans Kristen Pedersen has left the board of directors of ITW GSE ApS.
As of June 25, 2002, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of ITW GSE ApS.
As of June 25, 2002, ARTHUR ANDERSEN GLOBAL CORPORATE FINANCE DENMARK. FILIAL AF ARTHUR ANDERSEN GLOBAL CORPORATE FINANCE. SVERIGE has stepped down as auditor of ITW GSE ApS.
As of April 27, 2001, Jørgen Andersen has joined the board of directors of ITW GSE ApS.
As of April 6, 2001, Jan Berg Nielsen has joined the board of directors of ITW GSE ApS.
As of April 6, 2001, Hans Kristen Pedersen has joined the board of directors of ITW GSE ApS.
As of April 6, 2001, Lars Storm has joined the board of directors of ITW GSE ApS.
As of December 19, 2000, ARTHUR ANDERSEN GLOBAL CORPORATE FINANCE DENMARK. FILIAL AF ARTHUR ANDERSEN GLOBAL CORPORATE FINANCE. SVERIGE has been appointed auditor of ITW GSE ApS.
As of December 19, 2000, LEO OLSEN & DALSGAARD, STATAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of ITW GSE ApS.
As of December 1, 2000, Vagn Thorup has joined the board of directors of ITW GSE ApS.
As of December 1, 2000, Henrik Olsson has joined the board of directors of ITW GSE ApS.
As of December 1, 2000, Ernest Scott Santi has joined the board of directors of ITW GSE ApS.
As of December 1, 2000, Daniel Lee Downey has joined the board of directors of ITW GSE ApS.
As of December 1, 2000, Bent Vilhelm Hansen has left the board of directors of ITW GSE ApS.
As of December 1, 2000, Henrik Olsson has left the board of directors of ITW GSE ApS.
As of December 1, 2000, Henrik Olsson is registered as adm. dir. of ITW GSE ApS.
As of December 1, 2000, Kjell Giverholt Åkerman has stepped down as director of ITW GSE ApS.
As of February 1, 1999, LEO OLSEN & DALSGAARD, STATAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of ITW GSE ApS.
As of February 1, 1999, ApS SPKR NR. 1635 has stepped down as auditor of ITW GSE ApS.
As of November 22, 1994, Henrik Olsson has stepped down as director of ITW GSE ApS.
As of November 23, 1992, Kjell Giverholt Åkerman has stepped down as director of ITW GSE ApS.
As of December 12, 1990, Jørgen Skaadstrup Jørgensen has left the board of directors of ITW GSE ApS.
As of December 12, 1990, Flemming Kjærulf Rasmussen has left the board of directors of ITW GSE ApS.
As of November 22, 1988, Bo Stenstrøm Kristiansen has stepped down as director of ITW GSE ApS.
As of January 2, 1984, ApS SPKR NR. 1635 has been appointed auditor of ITW GSE ApS.
As of January 2, 1984, Jørgen Skaadstrup Jørgensen has joined the board of directors of ITW GSE ApS.
As of January 2, 1984, Bent Vilhelm Hansen has joined the board of directors of ITW GSE ApS.
As of January 2, 1984, Kjell Giverholt Åkerman has joined the board of directors of ITW GSE ApS.
As of January 2, 1984, Flemming Kjærulf Rasmussen has joined the board of directors of ITW GSE ApS.
As of January 2, 1984, Bo Stenstrøm Kristiansen is registered as director of ITW GSE ApS.
As of January 2, 1984, Kjell Giverholt Åkerman is registered as director of ITW GSE ApS.
As of January 2, 1984, Kjell Giverholt Åkerman is registered as director of ITW GSE ApS.
As of January 2, 1984, Henrik Olsson is registered as director of ITW GSE ApS.
ITW GSE ApS was founded on January 2, 1984.
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